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Updated over 3 years ago, 05/25/2021
Evasive inherited tenants
Hey BP community. I’m new to the investor side of things and have run into a dilemma.
My partner and I just picked up several occupied rental properties in Philadelphia last month. When I completed the initial walkthroughs all but one unit was occupied. Now that everything has changed hands, three of the occupied units do not have lease agreements. I have posted multiple 24hr notices and made attempts to connect with the tenants in-person to no avail.
What are my options? How have you handled your acquisitions with inherited tenants?